CBRE negotiates 36,000 s/f First Indemnity sale/leaseback.CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. represented the seller, First Indemnity of America Insurance Company (FIA FIA feline infectious anemia. ), in a $6.25 million, 36,308 s/f sale/leaseback at 119 Littleton Road in Parsippany. The buyer was Littleton Road Associates, a private equity consortium. CBRE CBRE CB Richard Ellis (real-estate firm) CBRE Chemical, Biological, Radiological and Explosive CBRE Component-Based Reliability Estimation CBRE Coldwell Banker Richard Ellis (Boston, MA) Vice President Nick Savage negotiated on behalf of FIA, an ABSCO ABSCO Absorption Coefficient subsidiary. ABSCO is a holding company for a diversified group of businesses including a surety bond firm, a healthcare adjustor and a security trading firm, which will all continue to occupy the building for the next ten years. FIA will continue to operate the facility and pay rent on a net basis to Littleton Road Associates. Located at the convergence of Interstates 80 and 287, the three-story building features modern building systems amd plenty of parking. Situated on 2.43 acres, the original building was constructed in 1977 and renovated in 1998 for FIA. Beth Krinsky, Judith Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. , Aaron Mittleman and Philip Cantor, of WCB, represented Littleton Road Associates. |
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